I'm trying to figure out the value of my company for our seed round. I'm currently building the product with a very large company that wants to be a customer and probable investor. We are a SasS company in the senior care market sector. There are two similar companies which had seed rounds in the past year, Filament Labs and Medocity. Filament Labs https://www.crunchbase.com/organization/filament-labs Medocity https://www.crunchbase.com/organization/medocity
If you get into techstars they take 7-10% for $118k which is about a ~$1M valuation. If you're pre money, Seed investors usually cap their valuation at $4-6M, so depending on how much you need is how much they are going to get. That said VC's tend to have a much better run rate then angels. They tend to help you more with further rounds. Really good incubators (only a handful of them exist) can also help further your secondary raises, startups tend to raise on average $2m after graduating.
But the real question is why do you need funding? Are you ready for funding? What is the use of funds directed into?
Answered 9 years ago
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